Introduction

MakerDAO is a leading decentralized autonomous organization (DAO) in the DeFi (Decentralized Finance) space, offering decentralized financial services through its stablecoin, DAI.

In MakerDAO, decision-making is delegated to its community of MKR governance token holders, who vote on proposals to shape the organization's future.

This case study examines the challenges and opportunities that arise from decentralized decision-making in the context of MakerDAO.

This case study is part of the Innovation and Strategy in Fintech module taught by Prof. Ying-Ying Hsieh for the Finance & Accounting program at Imperial College Business School.

© 2023 Xule Lin & Ying-Ying Hsieh. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.